Finance Act, 1956
Amendment of section 24 of Finance Act, 1949. |
31.—(1) Section 24 of the Finance Act, 1949 (No. 13 of 1949), as amended by subsequent enactments, shall have effect— | |
(a) as if the following words were contained therein at the end of and as part of subsection (4): | ||
“or, alternatively certifying— | ||
(a) that the lessee's interest under the lease is being acquired for private residential purposes and does not include an interest in land exceeding five acres in extent, or | ||
(b) that the lessee's interest under the lease is being acquired exclusively for the purposes of an industry other than agriculture”; and | ||
(b) as if the following words were contained therein at the end of and as part of paragraph (a) of subsection (7): | ||
“or unless the lessee's interest under the lease is within paragraph (a) or paragraph (b) of that subsection”. | ||
(2) Subsection (2) of section 16 of the Finance Act, 1950 (No. 18 of 1950), shall have effect as if the reference therein to a statement by the lessee included a reference to a statement under subsection (4) of section 24 of the Finance Act, 1949 , as amended by subsection (1) of this section. |